Nanomarkets, an industry analyst company, has released a report titled, “The Market for OLED Materials 2011”. The report, which has started shipping in June states that the materials utilized in OLED lighting and displays will surpass a revenue of $2.0 billion by 2016.
The company has also released numerous reports on organic electronics materials that include conductive materials and polymers for conductive polymers.
The advent of active matrix displays for mobile phones has enabled manufacturers of OLED materials to go after a sizeable market. Firms like UDC and Novaled, which manufacture OLED materials, have reported highly positive results. The report states that the OLED market has started facing IP challenges because of the cost of OLED materials. This favors the entry of more companies in this market. It also notes that although many OLED lighting and molecules utilize small-sized molecules, the polymer OLED paradigm is receiving strong support from Novaled and Sumitomo. Both the firms have backed a hybrid approach that involves in integrating OLEDs and small molecules. The report states that polymer OLED materials market will produce over $255 million by 2016.
The report also incorporates analysis of all companies that offer materials to the OLED industry such as UDC, Sun Fine Chem, Sumitomo, Showa Denko, Plextronics, PPG, Novaled, Nippon Steel Chemical, Idemitsu Kosan, Hodogaya Chemical, DuPont, Dow Chemical, Cheil Industries, BASF, and Agfa.
Source: http://nanomarkets.net/